Complete C.V.


Employment History

09/2011 - Current - Associate Professor of Economics, Stern School of Business, New York University

06/2003 - 08/2011 - Assistant Professor of Economics, Stern School of Business, New York University

09/2000 - 05/2003 - Assistant Professor of Finance, Tepper School of Business, Carnegie Mellon University


Other Appointments

Deputy Chair, Department of Economics, NYU Stern

Faculty Research Fellow, NBER

Associate Research Fellow, CIREQ


2000    Ph.D. in Economics, University of Rochester  

1998    M.A. in Economics, University of Rochester

1993    B.A. in Economics, Universita' di Bologna - Magna Cum Laude


Papers published or accepted for publication

Investment and the Cross-Section of Equity Returns, with Dino Palazzo , Journal of Finance, Volume 74, Issue 1, February 2019, pages 281-321.

Entry, Exit, Firm Dynamics, and Aggregate Fluctuations, with Dino Palazzo , American Economic Journal: Macroeconomics, Volume 8, Issue 3, July 2016, pages 1-41.

Cross-Sectoral Variation in The Volatility of Plant-Level Idiosyncratic Shocks, with Rui Castro and Yoonsoo Lee, Journal of Industrial Economics, Volume 63, Issue 1, March 2015, pages 1-29.

A Theory of Firm Decline, with Tom Cooley and Sonia Di Giannatale, Review of Economic Dynamics, Volume 13, Issue 4, October 2010, pages 861-885.

Asset Pricing in a Production Economy with Chew-Dekel Preferences, with Claudio Campanale and Rui Castro , Review of Economic Dynamics, Volume 13, Issue 2, March 2010, pages 379-402.

The Economic Effects of Improving Investor Rights in Portugal, with Rui Castro , Portuguese Economic Journal, Volume 8, Issue 2, August 2009, pages 59-97.

Legal Institutions, Sectoral Heterogeneity, and Economic Development, with Rui Castro and Glenn MacDonald , Review of Economic Studies, Volume 76, Issue 2, April 2009, pages 529-561.

Stock Grants as a Commitment Device, with Tom Cooley and Cheng Wang, Journal or Economic Dynamics and Control, Volume 30, Issue 11, November 2006, pages 2191-2216

A Theory of Financing Constraints and Firm Dynamics , with Hugo Hopenhayn, Quarterly Journal of Economics, Volume 121, Issue 1, February 2006, pages 229-265

Investor Protection, Optimal Incentives, and Economic Growth, with Rui Castro and Glenn MacDonald, Quarterly Journal of Economics, Volume 119, Issue 3, August 2004, pages 1131-1175.

Other publications

Comment on: "Financial Globalization, Financial Crises, and Contagion" by Enrique G. Mendoza and Vincenzo Quadrini., Journal of Monetary Economics, Volume 57, Issue 1, January 2010, pages 40-44.

Rethinking Compensation in Financial Firms, with Thomas Cooley, Matthew Richardson, and Ingo Walter, in "Restoring Financial Stability: How to Repair a Failed System",  edited by Viral Acharya and Matthew Richardson, John Wiles & Sons, March 2009.